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Building Block Concepts of Costing Systems Quiz Questions and Answers 37 PDF Book Download

Building block concepts of costing systems quiz, building block concepts of costing systems MCQs answers, MBA accounting quiz 37 to learn accounting courses online. Job costing quiz questions and answers, building block concepts of costing systems multiple choice questions (MCQs) to practice accounting quiz with answers for online colleges and universities courses. Learn building block concepts of costing systems MCQs, accounting: operating income, cost variance analysis and activity based costing, estimating cost function using quantitative analysis, building block concepts of costing systems test prep for finance certifications.

Learn building block concepts of costing systems test with multiple choice question (MCQs): process of assigning direct or indirect cost to any cost object is known as, with choices cost assignment, cost expectation, event assignment, and probability assignment for online business degree programs. Learn job costing questions and answers for scholarships exams' problem-solving, assessment test for financial business analyst certification. Building Block Concepts of Costing Systems Video

Quiz on Building Block Concepts of Costing Systems Worksheet 37Quiz Book Download

Building Block Concepts of Costing Systems Quiz

MCQ: Process of assigning direct or indirect cost to any cost object is known as

  1. cost assignment
  2. cost expectation
  3. event assignment
  4. probability assignment

A

Estimating Cost Function using Quantitative Analysis Quiz

MCQ: Weak relationship between cost and cost driver is indicated on a regression line, which is

  1. curved
  2. slightly sloped
  3. completely sloped
  4. dotted

B

Cost Variance Analysis & Activity Based Costing Quiz

MCQ: An unfavorable volume-production variance is used to measure amount of

  1. fixed setup cost
  2. total setup cost
  3. variable setup cost
  4. total overhead cost

A

Accounting: Operating Income Quiz

MCQ: Fixed cost is added to target operating income and then divided to contribute margin per unit to calculate

  1. quantity of units required to sold
  2. selling of units
  3. sold units
  4. contributed units

A

Economic Value Added Quiz

MCQ: If current assets are $250000 and current liabilities are $135500, then working capital would be

  1. $3,855,500
  2. $314,500
  3. $214,500
  4. $114,500

D